In April this year, the situation on lending in three banks in Azerbaijan has changed. These changes covered both consumer and business loans offered in Azerbaijani manats.Such that AccessBank has started issuing mortgage loans at 23-32% per annum, while Expressbank has stopped issuing mortgage loans at 19% per annum.The Azerbaijan Industry Bank changed the annual interest rate on business loans from 15-20% to 14-22%.Interest rates on the remaini...

Please login or subscribe to read more

Leave a review

Markets Review